Wall Street Journal

Aramco CEO Says East-West Pipeline Capacity Could Reach 10 Million Barrels a Day

Aramco CEO Says East-West Pipeline Capacity Could Reach 10 Million Barrels a Day

Saudi Aramco is working to increase the capacity of its East-West oil pipeline network to 10 million barrels a day as th...

5 days ago
UCB Shares Jump After Demand for Immunology Drug Bimzelx Boosts Outlook

UCB Shares Jump After Demand for Immunology Drug Bimzelx Boosts Outlook

Shares were up 13%—erasing losses in the year to date—after the company raised its annual guidance for the second time t...

6 days ago
Oil Prices Rise More Than 2% as Attacks on Saudi Arabia, U.S.-Iran Risks Persist

Oil Prices Rise More Than 2% as Attacks on Saudi Arabia, U.S.-Iran Risks Persist

Oil prices rose with Brent climbing above $111 a barrel as traders weighed renewed attacks on Saudi energy infrastructur...

6 days ago
Energy Security Concerns Spur U.K. to Preserve Gas Pipelines to Europe

Energy Security Concerns Spur U.K. to Preserve Gas Pipelines to Europe

The pipelines are only used occasionally but give the U.K. greater flexibility to tap gas from other sources in times of...

6 days ago
Japan’s Top Labor Union Targets Big Pay Bump, in Line With BOJ Aims

Japan’s Top Labor Union Targets Big Pay Bump, in Line With BOJ Aims

The Japanese Trade Union Confederation, known as Rengo, will demand wage hikes of at least 5% at the shunto negotiations...

6 days ago
Nestle Sales Get Boost From Rebound of Petfood, Hot Pockets in America

Nestle Sales Get Boost From Rebound of Petfood, Hot Pockets in America

Nestle booked a rise in sales for the third quarter due to a revival of its snacking businesses in the Americas....

6 days ago
Hermes Sales Growth Slows as Luxury Backdrop Remains Tough

Hermes Sales Growth Slows as Luxury Backdrop Remains Tough

Hermes said sales growth lost pace in the third quarter, as hopes of a recovery in luxury demand dwindle....

6 days ago
London Stock Exchange Group Agrees to Buy Octus From Permira For $3.5 Billion

London Stock Exchange Group Agrees to Buy Octus From Permira For $3.5 Billion

The stock-exchange and financial-information company said last week that it was in talks over the deal to buy the credit...

6 days ago
Barclays Pretax Profit Misses Estimates on Fixed-Income Weakness

Barclays Pretax Profit Misses Estimates on Fixed-Income Weakness

The British bank reported lower-than-expected pretax profit despite a stronger equities performance as fixed-income earn...

6 days ago
Nokia Reports Continued Strength From AI, Data-Center Rollout

Nokia Reports Continued Strength From AI, Data-Center Rollout

Sales in network infrastructure—the unit that houses AI and data-center networking technology—rose 17% on year, driven b...

6 days ago
Roche Posts Higher Sales on Growth Across Pharma, Diagnostics Units

Roche Posts Higher Sales on Growth Across Pharma, Diagnostics Units

Roche reiterated its full-year guidance and said it is prepared to launch its giredestrant breast-cancer pill later this...

6 days ago
Kuehne + Nagel Lifts Guidance Again After Growth Across Business

Kuehne + Nagel Lifts Guidance Again After Growth Across Business

The Swiss transport and logistics company said demand from cloud infrastructure and semiconductor customers is driving v...

6 days ago
Thales Boosts Sales Forecasts as Defense, Aerospace Orders Surge

Thales Boosts Sales Forecasts as Defense, Aerospace Orders Surge

Thales lifted its sales projections for the year as orders at its defense and aerospace units surged in the first nine m...

6 days ago
Tesla Logs Surge in European Monthly Sales

Tesla Logs Surge in European Monthly Sales

Elon Musk’s electric-vehicle maker kept gaining ground in a region where Chinese rivals are also growing strongly....

6 days ago
Oil Rises as Geopolitics Back in Focus After AI Jitters Ease

Oil Rises as Geopolitics Back in Focus After AI Jitters Ease

Oil rose and Asian equities were lower as the spotlight returned to Middle East geopolitical developments after artifici...

6 days ago
SpaceX and Tesla Are Joined at the Hip. A Merger Would Make It Formal.

SpaceX and Tesla Are Joined at the Hip. A Merger Would Make It Formal.

For decades, Elon Musk has mixed resources and ambitions at his two largest companies....

6 days ago
He Self-Funded a $45-Million Nicolas Cage Movie. Then It Was Stolen.

He Self-Funded a $45-Million Nicolas Cage Movie. Then It Was Stolen.

A little-known producer sued Netflix for $105 million after a drive containing the film went missing from the streamer’s...

6 days ago
Mark Zuckerberg Discussed Leaving California Over Wealth Tax

Mark Zuckerberg Discussed Leaving California Over Wealth Tax

The Meta CEO feared a proposed billionaire tax in the state would force a major share sale, threatening his voting contr...

6 days ago
How Does the Ukrainian Military Use Starlink?

How Does the Ukrainian Military Use Starlink?

Ukraine is using a basic Starshield service, which uses Starlink’s standard equipment with different features...

6 days ago
Mattel Adds Board Member As Activist Investor Pressure Mounts

Mattel Adds Board Member As Activist Investor Pressure Mounts

Mattel named an executive from one of its largest shareholders, EdgePoint Investment Group, to its board of directors....

6 days ago
Meta Is Getting Creative to Fund Its Massive AI Investments

Meta Is Getting Creative to Fund Its Massive AI Investments

Plus, the Starlink slowdown hurt Ukraine’s ability to stop Russian attacks, and U.S. special envoy Steve Witkoff praised...

6 days ago
Tesla Reports Flat Revenue, Increased Cash Flow as SpaceX Merger Talk Looms

Tesla Reports Flat Revenue, Increased Cash Flow as SpaceX Merger Talk Looms

Elon Musk, who leads both companies, said merging the companies “would be a good idea.”...

6 days ago
Southwest Cuts Earnings Outlook Amid Rising Fuel Costs

Southwest Cuts Earnings Outlook Amid Rising Fuel Costs

The Dallas-based carrier now expects adjusted earnings per share to be $2.60 to $2.85 this year as fuel costs continue t...

6 days ago
Meta Will Split Stock, Create New Class to Fund AI Spending

Meta Will Split Stock, Create New Class to Fund AI Spending

The company, which reported record revenue of $64.6 billion for the third quarter, said the new stock won’t affect Mark ...

6 days ago
Texas Instruments Posts Higher Profit, Revenue

Texas Instruments Posts Higher Profit, Revenue

The Dallas-based semiconductor company posted a profit of $2.43 billion on broad based growth led by industry, automotiv...

6 days ago
CSX Logs Higher Profit, Revenue on Rising Freight Volumes

CSX Logs Higher Profit, Revenue on Rising Freight Volumes

The railroad operator reported a profit of $1.05 billion and revenue of $4.02 billion in the third quarter, driven by fu...

6 days ago
IBM Reports Higher Profit as Some Slipped Deals Come Through

IBM Reports Higher Profit as Some Slipped Deals Come Through

IBM reported a higher third-quarter profit and growing revenue across its software and infrastructure segments, as it lo...

6 days ago
Canada to Provide Steel, Auto Sectors With Billions to Ease Trade Crunch

Canada to Provide Steel, Auto Sectors With Billions to Ease Trade Crunch

It’s Canada’s latest dollop of federal aid for companies that have faced financial strain since President Trump imposed ...

6 days ago
New Mexico Sues Jeffrey Epstein’s Lawyer and Accountant

New Mexico Sues Jeffrey Epstein’s Lawyer and Accountant

The lawsuit accuses the pair of helping to finance and conceal sex trafficking at Epstein’s Zorro Ranch....

6 days ago
U.S. Crude Oil Stockpiles Fall More Than Expected

U.S. Crude Oil Stockpiles Fall More Than Expected

Commercial crude oil stocks decreased by 3.1 million barrels last week. Analysts had expected crude stocks to be down by...

6 days ago
EBay to Cut 9% of Workforce in Latest Round of Layoffs

EBay to Cut 9% of Workforce in Latest Round of Layoffs

The company said the move, which will affect about 1,000 employees, aims to help it focus its resources on its top prior...

6 days ago
Coterie Targets Uneven Mental Load in Parenting With an Ad in Golf Digest

Coterie Targets Uneven Mental Load in Parenting With an Ad in Golf Digest

Plus, a decade-old ‘timeless ticket’ promotion creates a customer service nightmare for the Milwaukee Brewers during the...

6 days ago
Abbott to Carve Out Nutrition Business Into Independent Company

Abbott to Carve Out Nutrition Business Into Independent Company

Abbott plans to separate its nutrition business into an independent company, which is set to house electrolyte-beverage ...

6 days ago
Philip Morris Profit Falls Despite Higher Sales

Philip Morris Profit Falls Despite Higher Sales

Philip Morris International reported higher revenue in the latest quarter, though profit fell as the company faced infla...

6 days ago
Akzo Nobel in Talks to Shed European Refinishing Unit for Axalta Merger Nod

Akzo Nobel in Talks to Shed European Refinishing Unit for Axalta Merger Nod

EXCLUSIVE: Akzo Nobel is seeking to secure regulatory clearance for its proposed merger with U.S. peer Axalta Coating Sy...

6 days ago
Trump Hands Out $8 Billion to Farmers; Kroger Targets Earnings Growth

Trump Hands Out $8 Billion to Farmers; Kroger Targets Earnings Growth

Also, Amazon to hire 300,000 workers for the holidays....

6 days ago
AT&T Lifts Profit Outlook on Continued Postpaid Phone, Internet Growth

AT&T Lifts Profit Outlook on Continued Postpaid Phone, Internet Growth

AT&T boosted its full-year profit outlook after adding further subscribers for its postpaid phone service in the thi...

6 days ago
Musk Ordered Starlink Slowdown That Crippled Ukraine’s Drones and Sowed Panic in Kyiv

Musk Ordered Starlink Slowdown That Crippled Ukraine’s Drones and Sowed Panic in Kyiv

Plus, autism-therapy workers say big chains pressured them to boost treatment hours, and NYSE is getting trounced in the...

6 days ago
Carrefour Shares Slump After Group Trims Guidance, Citing French Riots

Carrefour Shares Slump After Group Trims Guidance, Citing French Riots

The stock fell more than 13% after the grocer cut its profitability targets for the year, expecting the protests in Fran...

6 days ago